Unimech Aerospace IPO is a book-built issue with a total size of ₹500 crore. It comprises a fresh issue of 0.32 crore shares worth ₹250 crore and an offer for sale (OFS) of 0.32 crore shares also aggregating to ₹250 crore.
The IPO opens for subscription on December 23, 2024, and closes on December 26, 2024. The allotment is expected to be finalized on Friday, December 27, 2024, with the shares likely to be listed on the BSE and NSE on Tuesday, December 31, 2024.
The price band for the IPO is set between ₹745 and ₹785 per share. The minimum lot size for retail investors is 19 shares, requiring a minimum investment of ₹14,915. For small non-institutional investors (sNIIs), the minimum application size is 14 lots (266 shares), amounting to ₹2,08,810. For large non-institutional investors (bNIIs), the minimum application size is 68 lots (1,292 shares), totaling ₹10,14,220.
Refer to the Unimech Aerospace IPO Red Herring Prospectus (RHP) for comprehensive and detailed information about the IPO, including financials, objectives of the issue, risk factors, and company insights.
Unimech Aerospace IPO Details
IPO Date | December 23, 2024 to December 26, 2024 |
Face Value | ₹5 per share |
Price Band | ₹745 to ₹785 per share |
Lot Size | 19 Shares |
Total Issue Size | 63,69,424 shares (aggregating up to ₹500.00 Cr) |
Fresh Issue | 31,84,712 shares (aggregating up to ₹ 250.00 Cr) |
Offer for Sale | 31,84,712 shares of ₹5 (aggregating up to ₹250.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Share Holding Pre Issue | 4,76,72,170 shares |
Share Holding Post Issue | 5,08,56,882 shares |
Unimech Aerospace IPO Timeline
IPO Open Date | Monday, December 23, 2024 |
IPO Close Date | Thursday, December 26, 2024 |
Basis of Allotment | Friday, December 27, 2024 |
Initiation of Refunds | Monday, December 30, 2024 |
Credit of Shares to Demat | Monday, December 30, 2024 |
Listing Date | Tuesday, December 31, 2024 |
Unimech Aerospace IPO Lot Size
Investors can bid for a minimum of 19 shares and in multiples thereafter. The investment range depends on the IPO price band of ₹745 to ₹785 per share. The table below outlines the minimum and maximum investment amounts for retail investors and High Net-worth Individuals (HNIs), based on the IPO pricing and share allocation criteria:
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 19 | ₹14,915 |
Retail (Max) | 13 | 247 | ₹1,93,895 |
S-HNI (Min) | 14 | 266 | ₹2,08,810 |
S-HNI (Max) | 67 | 1,273 | ₹9,99,305 |
B-HNI (Min) | 68 | 1,292 | ₹10,14,220 |
Unimech Aerospace IPO Reservation
Investor Category | Shares Offered |
---|---|
QIB Shares Offered | Not more than 50% of the Net Offer |
Retail Shares Offered | Not less than 35% of the Offer |
NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
About Unimech Aerospace and Manufacturing Limited
Incorporated in 2016, Unitech Aerospace and Manufacturing Limited specializes in manufacturing complex tools such as mechanical assemblies, electro-mechanical systems, and components used in aeroengine and airframe production.
The company offers engineering solutions with expertise in “build-to-print” and “build-to-specification” manufacturing. Their services encompass machining, fabrication, assembly, testing, and the development of new products tailored to client requirements across industries like aerospace, defense, energy, and semiconductors.
Between 2022 and 2024, Unitech Aerospace manufactured 2,356 SKUs in the tooling and precision complex sub-assemblies category and 624 SKUs in precision machined parts, catering to over 26 customers across seven countries.
As of March 31, 2024, the company operates two state-of-the-art manufacturing facilities in Bangalore, covering a combined area of over 1,20,000 sq. ft. Unit I, located in Peenya, spans 30,000 sq. ft., while Unit II, situated in a Special Economic Zone near Bangalore International Airport, covers 90,000 sq. ft. Both facilities are ISO-certified.
Unitech Aerospace employs 384 professionals as of March 31, 2024, demonstrating its commitment to delivering quality solutions through a skilled workforce.
Unimech Aerospace IPO FAQs
What is the Unimech Aerospace IPO?
Unimech Aerospace IPO is a main-board IPO comprising 63,69,424 equity shares with a face value of ₹5 each, aggregating up to ₹500.00 crore. The IPO is priced within a band of ₹745 to ₹785 per share, and the minimum order quantity is 19 shares.
The IPO opens for subscription on December 23, 2024, and closes on December 26, 2024.
Kfin Technologies Limited is the registrar for the IPO, and the shares are proposed to be listed on the BSE and NSE.
When Unimech Aerospace IPO will open?
The Unimech Aerospace IPO will open for subscription on December 23, 2024, and close on December 26, 2024.
What is the lot size of Unimech Aerospace IPO?
The Unimech Aerospace IPO has a lot size of 19 shares, with a minimum investment amount of ₹14,915.
When is Unimech Aerospace IPO allotment?
The Basis of Allotment for the Unimech Aerospace IPO will be finalized on Friday, December 27, 2024, and the allotted shares will be credited to investors’ demat accounts by Monday, December 30, 2024.
When is Unimech Aerospace IPO listing date?
The listing date for the Unimech Aerospace IPO has not been officially announced yet. However, the tentative listing date is set for Tuesday, December 31, 2024.